WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Daihatsu announces compensation plans amid production halt due to safety concerns In the wake of safety concerns leading to the suspension of its Japanese plants, Toyota Motor's subsidiary, Daihatsu Motor, has announced plans to compensate 423 domestic suppliers directly affected by the production halt.

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In the wake of safety concerns leading to the suspension of its Japanese plants, Toyota Motor's subsidiary, Daihatsu Motor, has announced plans to compensate 423 domestic suppliers directly affected by the production halt.

Daihatsu announces compensation plans amid production halt due to safety concerns

Toyota's small car unit -- will halt production at its Japanese plants until the end of January. The latest development comes amid turmoil in the small car unit. Daihatsu decided to halt shipments of all vehicles on Thursday after a probe found safety issues in at least 64 models.

Scandal-hit Daihatsu halts production until the end of January

A weak Yen has helped Toyota earns huge profits in the July-September quarter this year. A turbocharged Toyota has also raised its outlook for 2023 after its car sales rose across the world. The world's top-selling automaker reported a record operating profit of 9.5 billion dollars in the quarter ending September. That was a 155.6% increase from a year earlier

Toyota shares slump on safety scandal at Daihatsu, vehicle recall

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